Photo Main Photo of the property
$1,350,000
New
ULS: 15904300

Triplex for sale
8532 - 8536 Av. des Belges, Montréal (Villeray/Saint-Michel/Parc-Extension) (Villeray)

VILLERAY TRIPLEX! Carefully maintained building: two 4½ units and one 6½ that could be expanded by reconnecting it to the basement, which spans the building's entire footprint. Potential for a fourth unit, subject to required approvals; plans already prepared. Roof 2024, doors and windows 2023, unit 8532 renovated in 2020. Stable tenants, close to amenities and close to Crémazie metro station. Ideal for investors or future owner-occupants, subject to applicable repossession rules. Visits upon accepted offer only.
Sale with exclusion(s) of legal warranty - See listing broker(s)

Property features

3 Bedrooms
1 Bathroom

PASCALE CHEIKHA

Residential Real Estate Broker

RE/MAX DU CARTIER BONJOUR

KIM MAILLOUX

Residential and Commercial Real Estate Broker

RE/MAX DU CARTIER BONJOUR

TRIPLEX IN THE HEART OF VILLERAY | POTENTIAL WAITING TO BE REALIZED!

A sought-after location, major renovations and exciting opportunities to add value: 8532--8536 Avenue des Belges will appeal to investors and buyers hoping to eventually make it their home.

Carefully maintained by its current owners, this fully rented triplex is home to stable tenants who appreciate their surroundings and its prime location close to neighbourhood services and amenities.

SIGNIFICANT IMPROVEMENTS ALREADY COMPLETED

Several upgrades reflect the care invested in the building:
* Elastomeric membrane roof replaced in 2024.
* All doors and windows replaced in January 2023.
* Complete renovation of unit 8532 in 2026, including plumbing, electrical systems, flooring, kitchen and bathroom.

The two upper units each feature a small rear terrace and private storage on their respective balconies, practical additions that enhance everyday comfort.

A BASEMENT WITH MULTIPLE POSSIBILITIES

Extending across the building's entire footprint, the basement is a distinctive asset. The owners intentionally retained its use with plans to add a fourth dwelling. Several plans were prepared, but the project was never carried out.

Previously accessible by an interior staircase from unit 8536, the basement is now completely separate from the ground floor. The staircase was closed off, and washer and dryer connections were installed on the ground floor.

An exterior entrance already provides basement access from the rear yard. The proposed fourth-unit project would also involve creating a sunken entrance at the front of the building. The buyer must verify the project's feasibility, necessary work and required approvals with the appropriate authorities.

AN APPEALING OPTION FOR A FUTURE OWNER-OCCUPANT

A future owner-occupant may also appreciate the possibility of repossessing the ground-floor unit and reconnecting it to the basement, creating a generous space to adapt to their needs. This option remains subject to repossession in accordance with applicable rules, the feasibility of the work and obtaining the required approvals.

With its major renovations, stable tenancy and possibilities for reconfiguration, this triplex offers several avenues to explore. Whether considering a fourth unit, gradually optimizing rental income in accordance with existing leases and applicable regulations, or creating a home of their own, buyers can envision a project that reflects their goals.

An opportunity to invest in Villeray and bring a new dimension to a property with so much more to offer!
Year constructed 1946
Windows PVC
Window Type Guillotine
Siding Brick
Roofing Elastomeric membrane
Kitchen Cabinets Wood
Basement 6 feet and more, Partially finished
Renovations Roof covering (2024, 21040), Doors and windows (2023, 15935)
Lot area 2,088 ft²
Topography Flat
Proximity CEGEP, Daycare centre, Hospital, Metro, Park, Highway, Elementary school, High school, Public transportation, University, Bicycle path
Heating System Forced air, Convection baseboards
Heating Energy Electricity, Natural gas
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 388,000
Building assessment
$ 632,800
Total
$ 1,020,800

Taxes

Municipal (2026)
$ 6,646
School (2026)
$ 776
Total
$ 7,422

Gross annual revenues (potential)

Residential
$ 43,980
Total
$ 43,980

Inclusions

Dishwasher in unit 8532, light fixtures

Exclusions

Tenants' furniture and personal belongings.

Desjardins

Mortgage payment calculator

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